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2021-06-01
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2021-06-01
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Gold scales near 5-month peak on weaker dollar, inflation worries
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In the near-term, if gold can breach the $1,922 per ounce mark, it can open the room for further upside potential.\"</p><p>The dollar index was down 0.3% against its rivals, making gold less expensive for other currency holders. The U.S. unit registered its second consecutive monthly loss.</p><p>Last week, data showed U.S. consumer prices surged in April, with a measure of underlying inflation blowing past the Federal Reserve's 2% target.</p><p>Market participants' focus this week will be on key U.S. economic readings, including non-farm payrolls data due on Friday.</p><p>Federal Reserve officials have repeatedly maintained they expect any rise in inflation to be short-lived and said monetary stimulus would stay in place for some time.</p><p>China's factory activity expanded at the fastest pace this year in May as domestic and export demand picked up, though sharp rises in raw material prices and strains in supply chains crimped some companies' production, a survey showed.</p><p>Elsewhere, silver gained 0.6% to $28.22 per ounce, after hitting a two-week high earlier in the session.</p><p>Palladium rose 0.8% to $2,850.63 and platinum climbed 0.5% to $1,192.22.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold scales near 5-month peak on weaker dollar, inflation worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-01 11:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Focus on U.S. payrolls data on Friday</p><p>* China factory growth picks up in May - survey</p><p>* Silver hits two-week high</p><p>(Recasts, adds comments, updates prices)</p><p>By Brijesh Patel</p><p>June 1 (Reuters) - Gold prices rose to a near five-month high on Tuesday, boosted by a weaker dollar and growing inflationary pressures, while investors awaited more U.S. data to gauge the extent of global economic recovery.</p><p>Spot gold was up 0.2% at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session.</p><p>U.S. gold futures rose 0.5% to $1,914.20 per ounce.</p><p>\"Gold prices are riding a very strong upward trend ... this is against the backdrop of a falling U.S. dollar and also inflation concerns,\" said Margaret Yang, a strategist at DailyFX.</p><p>\"Perhaps another fundamental factor behind gold is the return of Chinese and Indian buyers. In the near-term, if gold can breach the $1,922 per ounce mark, it can open the room for further upside potential.\"</p><p>The dollar index was down 0.3% against its rivals, making gold less expensive for other currency holders. The U.S. unit registered its second consecutive monthly loss.</p><p>Last week, data showed U.S. consumer prices surged in April, with a measure of underlying inflation blowing past the Federal Reserve's 2% target.</p><p>Market participants' focus this week will be on key U.S. economic readings, including non-farm payrolls data due on Friday.</p><p>Federal Reserve officials have repeatedly maintained they expect any rise in inflation to be short-lived and said monetary stimulus would stay in place for some time.</p><p>China's factory activity expanded at the fastest pace this year in May as domestic and export demand picked up, though sharp rises in raw material prices and strains in supply chains crimped some companies' production, a survey showed.</p><p>Elsewhere, silver gained 0.6% to $28.22 per ounce, after hitting a two-week high earlier in the session.</p><p>Palladium rose 0.8% to $2,850.63 and platinum climbed 0.5% to $1,192.22.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF","IAU":"黄金信托ETF(iShares)","DUST":"二倍做空黄金矿业指数ETF-Direxion","NUGT":"二倍做多黄金矿业指数ETF-Direxion","GDX":"黄金矿业ETF-VanEck","GLD":"SPDR黄金ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140645742","content_text":"* Focus on U.S. payrolls data on Friday* China factory growth picks up in May - survey* Silver hits two-week high(Recasts, adds comments, updates prices)By Brijesh PatelJune 1 (Reuters) - Gold prices rose to a near five-month high on Tuesday, boosted by a weaker dollar and growing inflationary pressures, while investors awaited more U.S. data to gauge the extent of global economic recovery.Spot gold was up 0.2% at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session.U.S. gold futures rose 0.5% to $1,914.20 per ounce.\"Gold prices are riding a very strong upward trend ... this is against the backdrop of a falling U.S. dollar and also inflation concerns,\" said Margaret Yang, a strategist at DailyFX.\"Perhaps another fundamental factor behind gold is the return of Chinese and Indian buyers. In the near-term, if gold can breach the $1,922 per ounce mark, it can open the room for further upside potential.\"The dollar index was down 0.3% against its rivals, making gold less expensive for other currency holders. The U.S. unit registered its second consecutive monthly loss.Last week, data showed U.S. consumer prices surged in April, with a measure of underlying inflation blowing past the Federal Reserve's 2% target.Market participants' focus this week will be on key U.S. economic readings, including non-farm payrolls data due on Friday.Federal Reserve officials have repeatedly maintained they expect any rise in inflation to be short-lived and said monetary stimulus would stay in place for some time.China's factory activity expanded at the fastest pace this year in May as domestic and export demand picked up, though sharp rises in raw material prices and strains in supply chains crimped some companies' production, a survey showed.Elsewhere, silver gained 0.6% to $28.22 per ounce, after hitting a two-week high earlier in the session.Palladium rose 0.8% to $2,850.63 and platinum climbed 0.5% to $1,192.22.","news_type":1},"isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575950181915531","authorId":"3575950181915531","name":"njkk","avatar":"https://static.tigerbbs.com/6382201e8e84ccd3f8e89b9a28e74607","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575950181915531","authorIdStr":"3575950181915531"},"content":"Like and comment thanks","text":"Like and comment thanks","html":"Like and comment thanks"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":119104439,"gmtCreate":1622524579421,"gmtModify":1704185620210,"author":{"id":"3585617508094797","authorId":"3585617508094797","name":"shiky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585617508094797","authorIdStr":"3585617508094797"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/119104439","repostId":"2140645742","repostType":4,"isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575950181915531","authorId":"3575950181915531","name":"njkk","avatar":"https://static.tigerbbs.com/6382201e8e84ccd3f8e89b9a28e74607","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575950181915531","authorIdStr":"3575950181915531"},"content":"Like and comment thanks","text":"Like and comment thanks","html":"Like and comment thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119118467,"gmtCreate":1622526408359,"gmtModify":1704185654469,"author":{"id":"3585617508094797","authorId":"3585617508094797","name":"shiky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585617508094797","authorIdStr":"3585617508094797"},"themes":[],"htmlText":"like and comment thanks","listText":"like and comment thanks","text":"like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119118467","repostId":"1138201380","repostType":4,"repost":{"id":"1138201380","pubTimestamp":1622508856,"share":"https://ttm.financial/m/news/1138201380?lang=&edition=fundamental","pubTime":"2021-06-01 08:54","market":"us","language":"en","title":"Bank of America names its 'best' stocks to play the U.S. and global recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=1138201380","media":"CNBC","summary":"Analysts fromBank of Americahave picked stocks set to get a boost as economies in the U.S. and Europ","content":"<div>\n<p>Analysts fromBank of Americahave picked stocks set to get a boost as economies in the U.S. and Europe recover from the coronavirus pandemic.“We highlight stock opportunities in both regions poised to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/31/stocks-picks-for-the-us-and-european-economic-recovery-bank-of-america.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America names its 'best' stocks to play the U.S. and global recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America names its 'best' stocks to play the U.S. and global recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 08:54 GMT+8 <a href=https://www.cnbc.com/2021/05/31/stocks-picks-for-the-us-and-european-economic-recovery-bank-of-america.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Analysts fromBank of Americahave picked stocks set to get a boost as economies in the U.S. and Europe recover from the coronavirus pandemic.“We highlight stock opportunities in both regions poised to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/31/stocks-picks-for-the-us-and-european-economic-recovery-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行"},"source_url":"https://www.cnbc.com/2021/05/31/stocks-picks-for-the-us-and-european-economic-recovery-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1138201380","content_text":"Analysts fromBank of Americahave picked stocks set to get a boost as economies in the U.S. and Europe recover from the coronavirus pandemic.“We highlight stock opportunities in both regions poised to benefit against the current backdrop (stronger relative ... US growth and rising inflation), as well as beneficiaries of the faster-than-expected re-opening in Europe,” the bank’s analysts wrote in a note published Wednesday.The bank added stocks to its “Best Ideas List,” some of which it said were set for a particularly strong bounce and positive growth. “The companies range from airlines to online fashion retail to healthcare supplies and insurance,” the analysts, led by Jill Carey Hall, wrote.BofA’s “best” stock picks include:Luxury and retailLuxury online fashion retailerFarfetchis a pick for the bank, which said it is “a good way to gain exposure to North America and especially the U.S., which is the group’s single largest country exposure.” It comes as the bank noted a sharp rise in demand for luxury goods in March. The bank also picked ecommerce retailerAsosand duty-free operatorDufry.FoodBofA likes salmon supplierAtlantic Sapphireas it is building a large-scale land-based farm in Miami — making it the first local producer for the U.S. market. This is likely to make it “the most cost effective and sustainable salmon supplier” in the country. The bank also pickedAAK, a Swedish specialist producer of fats and oils, which it said is tapping into a U.S. trend for plant-based foods as well as a rise in chocolate consumption.Airlines and aerospaceBritish Airways-ownerIAGis a pick for BofA as it “could see a strong swing in both sentiment and earnings momentum as the economy opens up.” Europe is set to be the most popular travel destination for Americans once travel restrictions are lifted, according to a survey the bank carried out in March, which is set to benefit the airline stock. German aircraft engine manufacturerMTU Aero Enginesis also a pick.Metals and manufacturingGerman steel and engineering firmThyssenkruppis set to benefit from a V-shaped recovery after the coronavirus pandemic, BofA’s analysts said. “There are discussions about a potential lifting of US tariffs on European metals. If this happens, we’d expect to see European steel prices bid up,” they wrote.Spirax Sarco, a British firm that makes steam management systems, is also a pick for its mix of direct and distributor sales, and could see “particularly strong” growth this year. French semiconductor materials manufacturerSoitecis also on the bank’s list for its 5G smartphone tech.The Bank of America research note was focused on small and mid-caps in each region, and the analysts noted they were now overweight on small caps in both Europe and the U.S.","news_type":1},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
